Town Hall News

By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed an American contractor, injured another and wounded five U.S. troops earlier in the day, the Pentagon said. Both the attack on U.S. personnel and the retaliation were disclosed by the Pentagon at the same time late […]

(Reuters) – Ukrainian troops, on the defensive for months, will soon counterattack as Russia’s offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms the war could last years. FIGHTING * Ukrainian President Volodymyr Zelenskiy visited the southern region of Kherson, where he inspected infrastructure and promised to rebuild following Russia’s invasion. * British military intelligence said Russia had partially […]

(Reuters) – Ukrainian troops, on the defensive for months, will soon counterattack as Russia’s offensive looks to be faltering, a commander said, but President Volodymyr Zelenskiy warned that without a faster supply of arms the war could last years. FIGHTING * Ukrainian President Volodymyr Zelenskiy visited the southern region of Kherson, where he inspected infrastructure and promised to rebuild following Russia’s invasion. * British military intelligence said Russia had partially […]

HONG KONG (Reuters) – Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse’s $17 billion Additional Tier 1 bonds wipeout had “profound” implications for global bank regulations. Winters was speaking at a financial forum in Hong Kong. As part of the deal for UBS to take over Credit Suisse, the Swiss regulator determined that Credit Suisse’s AT1 bonds with a notional value of $17 billion would be wiped […]

HONG KONG (Reuters) – Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse’s $17 billion Additional Tier 1 bonds wipeout had “profound” implications for global bank regulations. Winters was speaking at a financial forum in Hong Kong. As part of the deal for UBS to take over Credit Suisse, the Swiss regulator determined that Credit Suisse’s AT1 bonds with a notional value of $17 billion would be wiped […]

By Soo-hyang Choi and Ju-min Park SEOUL (Reuters) -North Korea has tested a new nuclear-capable underwater attack drone, state media reported on Friday, as leader Kim Jong Un warned joint military drills by South Korea and the U.S. should stop. During the test, the new North Korean drone cruised underwater at a depth of 80 to 150 metres (260-500 feet) for over 59 hours and detonated a non-nuclear payload in […]

By Soo-hyang Choi and Ju-min Park SEOUL (Reuters) -North Korea has tested a new nuclear-capable underwater attack drone, state media reported on Friday, as leader Kim Jong Un warned joint military drills by South Korea and the U.S. should stop. During the test, the new North Korean drone cruised underwater at a depth of 80 to 150 metres (260-500 feet) for over 59 hours and detonated a non-nuclear payload in […]

WASHINGTON (Reuters) – The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injured another and wounded five U.S. troops, the Pentagon said. The strikes were in retaliation for an attack against a U.S.-led coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. (1038 GMT) on Thursday, it said. The […]

WASHINGTON (Reuters) – The U.S. military carried out multiple air strikes in Syria on Thursday night against Iran-aligned groups who it blamed for a deadly drone attack that killed a contractor, injured another and wounded five U.S. troops, the Pentagon said. The strikes were in retaliation for an attack against a U.S.-led coalition base near Hasakah in northeast Syria at approximately 1:38 p.m. (1038 GMT) on Thursday, it said. The […]